A Microsoft employee has been convicted of stealing 10 million

A former Microsoft software engineer accused of stealing more than $ 10 million from the company has been sentenced to nine years in prison.

The defendant, Volodymyr Kvashuk, committed 18 felonies. So there were five counts of fraud, six counts of money laundering, two counts of theft , two counts of filing false tax returns, one count of mail fraud, accessing a protected computer.

Kvashuk worked as a Microsoft contractor before becoming an employee in August 2016. He was then fired in June 2018 when the company discovered its rich activity.

According to records filed in the case, Kvashuk used his testing privileges to steal “ stored value”, όπως ψηφιακές gifts. He then resold what he stole online, and with the proceeds bought a $1,6 million lakefront home and a $160.000 Tesla, according to the Justice Department.

For these thefts, Kvashuk used three test email accounts linked to other employees in an attempt to cover up any digital traces of him.

"This case required sophisticated, technological skills to investigate and prosecute, and I am pleased that our law enforcement associates and the U.S. Attorney's Office have the necessary skills to bring offenders to justice," said Prosecutor Brian. Moran.

The defendant also allegedly used a bitcoin "mixing" service in an attempt to hide the source of the funds that went into his bank and investment accounts. In seven months, about $ 2,8 million in bitcoin was transferred to his bank and investment accounts.

Along with the prison sentence, Kvashuk will also have to pay $8,3 million in restitution and may be deported to Ukraine after his imprisonment.

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Written by giorgos

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